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Session Laws, 2007
Volume 803, Page 535   View pdf image
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Martin O'Malley, Governor
Ch.3
"Improvement" § 10-501
"Master plan" § 10-501
"Project" § 10-501
"Secretary" § 10-101 10-503. USES OF GRANTS. A GRANT MAY BE USED FOR ANY OF THE PURPOSES SPECIFIED IN § 10-502(A) OF
THIS SUBTITLE. REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 70B, § 28. The reference to the "purposes specified in § 10-502(a) of this subtitle" is
substituted for the former list of specific purposes for brevity. 10-504. TERMS AND CONDITIONS; AMOUNT. (A) IN GENERAL. (1) ANY FEDERAL GRANT THAT IS RECEIVED FOR A PROJECT SHALL BE
APPLIED FIRST TO THE COST OF THE PROJECT. (2) EXCEPT AS PROVIDED IN SUBSECTION (B) OF THIS SECTION, A STATE
GRANT FOR A PROJECT MAY NOT EXCEED THE LESSER OF $600,000 OR 50% OF THE
COST OF ELIGIBLE WORK REMAINING UNPAID AFTER ANY FEDERAL GRANT IS
APPLIED. (3) A STATE GRANT TO DEVELOP A MASTER PLAN MAY NOT EXCEED THE
LESSER OF $15,000 OR 50% OF THE COST OF DEVELOPMENT OF THE PLAN. (B) EXCEPTIONS. THE BOARD OF PUBLIC WORKS MAY AUTHORIZE A GRANT FOR A PROJECT THAT
EXCEEDS 50% OF THE COST OF ELIGIBLE WORK REMAINING UNPAID AFTER ANY
FEDERAL GRANT IS APPLIED, IF: (1) THE PROJECT INVOLVES THE CONVERSION, ACQUISITION,
RENOVATION, CONSTRUCTION, OR IMPROVEMENT OF A BUILDING FOR USE AS A
SENIOR CITIZEN ACTIVITIES CENTER; (2) THE VALUE OF REAL PROPERTY AND EXISTING IMPROVEMENTS
MADE AVAILABLE BY THE LOCAL GOVERNMENT EQUALS OR EXCEEDS THE AMOUNT
OF THE STATE GRANT; AND (3) THE RESIDUAL VALUE OF THE REAL PROPERTY AND EXISTING
IMPROVEMENTS MADE AVAILABLE BY THE LOCAL GOVERNMENT EXCEEDS THE SUM
OF: (I) ANY PRIOR AMOUNTS USED FOR MATCHING FUNDS UNDER THIS PROGRAM; (II) ANY OUTSTANDING STATE DEBT RELATING TO THE PROPERTY
FROM ANOTHER PROGRAM;
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Session Laws, 2007
Volume 803, Page 535   View pdf image
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